The Real Housewives of The Economy

The financial value of housewives

This is a subject which came to my mind randomly this morning, and I thought “I must write an article on this.”, especially with the on-going trend of the rich housewife lifestyle. We all know the social standing of them, and what they’re activities amount to, but have you ever thought of them from an economic point of view?

LET’S TALK ABOUT IT.

No one ever thinks of how much housewives contribute to saving money in not only their households, but to private corporate savings and government savings. For instance, India has achieved a savings rate of nearly 31% of their GDP just because of housewives.

Housewives are the largest consumers of groceries, clothing, accessories, and many more things in the market that ultimately add to the economic growth of the world, not to even mention the DIRECT GROWTH of the GDP.

Society never fails to bring women (in general) down, but especially homemakers, it is not difficult to accept how much more contribution they have in the economy by the quality of productivity they are offering, having saved so many costs over the years!

Of course, urging women to work is mandatory in order to achieve maximum potential of closing gender gaps within the work force and to empower equality within the work space based on: achieved results, intelligence, work-ethic & etiquette, nothing less, nothing more.

But while this is of utmost importance, housewives will always exist, therefore, instead of draining them of their power, we better acknowledge their work and give benefits to our financial, and overall society.

Thanks for reading this unconventional article about a mildly taboo subject, if you have anything to say to us, please feel free to send us a message on instagram! @thebloommagazineofficial 📊